NEW YORK (Reuters) – Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this quarter, its CEO, Brian Moynihan, told investors at a conference on Thursda[...]
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June 1, 2023
Brazil posts record trade surplus in May on surging exports
BRASILIA (Reuters) – Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since the data series began in 1989, official data showed on Thursday. The figure al[...]
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Airbnb sues New York City over short-term rental restrictions
By Doyinsola Oladipo NEW YORK (Reuters) – Airbnb Inc on Thursday filed a lawsuit against New York City over a new law it called a “de facto ban” against short-term rentals set to go[...]
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Oil rises 3% on US debt ceiling progress, traders on alert for OPEC+ meeting
By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Thursday by the most in two weeks ahead of an OPEC+ meeting on Sunday, while House of Representatives passage of a bill to suspend the U.S. debt[...]
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Apple denies surveillance claims made by Russia’s FSB
(Reuters) – Apple Inc is denying claims made by Russia’s Federal Security Service (FSB) that it cooperated with American spies to surveil Russian iPhone users. In a statement, the company[...]
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Fed should stop raising rates, at least in June -Harker
By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve President Patrick Harker said on Thursday, even though high inf[...]
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GQG adds more Nvidia as chipmaker has a ‘new leg’, says CIO
By Carolina Mandl NEW YORK (Reuters) -A big buyer of Nvidia Corp’s shares in the first quarter, Australia-listed investment firm GQG Partners, said it has continued to increase its exposure to t[...]
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Getty asks London court to stop UK sales of Stability AI system
By Sam Tobin LONDON (Reuters) – Stock photo provider Getty Images has asked London’s High Court for an injunction to prevent artificial intelligence company Stability AI from selling its A[...]
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Citigroup hires former UBS banker for energy dealmaking – memo
By David French and Anirban Sen (Reuters) – Citigroup Inc has hired former UBS Group AG banker Dan Ford as a vice chairman within the natural resources and clean energy transition group of its i[...]
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